Mint explainer | Why is Sebi cracking down on trading call providers?
Last Update Date: 06-10-2026
Published by Mint
Abhishek Kumar's role: Quoted
Abhishek Kumar said misconduct by trading call providers erodes trust in the whole advisory profession and leaves the regulator little choice but to raise the compliance burden on registered advisers.
More of Abhishek's views on money management
The article explains SEBI's tougher stance on trading call providers, who sell short-term tips, often with promises of high returns. It covers the December 2024 change that bars them from registering as investment advisers, an industry study of enforcement orders, and the compliance burden on genuine advisers.
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Mint explainer | Why is Sebi cracking down on trading call providers?